[Stu from NYC]

Originally Posted by Goldwingnut

It's not unusual for them to use sell companies to buy properties here in Sumter and surrounding counties. A typical example of this is the Landstone development, a few years ago (8? if I recall) it was purchased by a company whose principal partner was a prominent individual in the running of the Charter School and lived in the Glenn Hollow community (where the developer's family and close business associates live). It certainly wasn't an effort to compete against the developer. Magically, the property was purchased from them by the developer and is now what we know as Middleton. There are quite a few of these here in Sumter County, it takes some (a lot) digging in public records, but the trail usually ends were expected. Disney did the same thing in the 60's for WDW, as have a great many other companies. It's not illegal and it's a key tool in keeping land acquisition costs from spiraling out of control.

They arr brilliant businessmen and for sure they plan well into the future. No reason not to buy land using shell companies.